Speculative securities
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Rahi Rohit, 1995. "Optimal Incomplete Markets with Asymmetric Information," Journal of Economic Theory, Elsevier, vol. 65(1), pages 171-197, February.
- Duffie Darrell & Rahi Rohit, 1995. "Financial Market Innovation and Security Design: An Introduction," Journal of Economic Theory, Elsevier, vol. 65(1), pages 1-42, February.
- James Dow, 2003.
"Informed Trading, Investment, and Welfare,"
The Journal of Business, University of Chicago Press, vol. 76(3), pages 439-454, July.
- James Dow & Rohit Rahi, 1996. "Informed Trading, Investment and Welfare," Archive Working Papers 029, Birkbeck, Department of Economics, Mathematics & Statistics.
- Rohit Rahi & James Dow, 1998. "Informed Trading, Investment, and Welfare," FMG Discussion Papers dp292, Financial Markets Group.
- Dow, J & Rahi, R, 1997. "Informed Trading, Investment, and Welfare," Economics Working Papers eco97/03, European University Institute.
- Hirshleifer, Jack, 1971. "The Private and Social Value of Information and the Reward to Inventive Activity," American Economic Review, American Economic Association, vol. 61(4), pages 561-574, September.
- Rohit Rahi, 1996.
"Adverse Selection and Security Design,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 63(2), pages 287-300.
- Rohit Rahi, 1993. "Adverse selection and security design," Economics Working Papers 64, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 1994.
- Hara Chiaki, 1995. "Commission-Revenue Maximization in a General Equilibrium Model of Asset Creation," Journal of Economic Theory, Elsevier, vol. 65(1), pages 258-298, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Rohit Rahi & José M. Marín, 1999.
"Speculative securities,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 14(3), pages 653-668.
- Rohit Rahi & José Marín, 1997. "Speculative Securities," FMG Discussion Papers dp268, Financial Markets Group.
- José M. Marín & Rohit Rahi, 1997. "Speculative securities," Economics Working Papers 223, Department of Economics and Business, Universitat Pompeu Fabra.
- Ohashi, Kazuhiko, 1997. "Optimal Futures Innovation in a Dynamic Economy: The Discrete-Time Case," Journal of Economic Theory, Elsevier, vol. 74(2), pages 448-465, June.
- Krebs, Tom, 2005. "Fundamentals, information, and international capital flows: A welfare analysis," European Economic Review, Elsevier, vol. 49(3), pages 579-598, April.
- Foucault, Thierry & Cespa, Giovanni, 2008.
"Insiders-outsiders, transparency and the value of the ticker,"
HEC Research Papers Series
892, HEC Paris.
- Giovanni Cespa & Thierry Foucault, 2008. "Insiders-Outsiders, Transparency and the Value of the Ticker," Working Papers 628, Queen Mary University of London, School of Economics and Finance.
- Cespa, Giovanni & Foucault, Thierry, 2008. "Insiders-Outsiders, Transparency and the Value of the Ticker," CEPR Discussion Papers 6794, C.E.P.R. Discussion Papers.
- Cespa, Giovanni & Foucault, Thierry, 2008. "Insiders-outsiders, transparency and the value of the ticker," CFS Working Paper Series 2008/39, Center for Financial Studies (CFS).
- Giovanni Cespa & Thierry Foucault, 2008. "Insiders-Outsiders, Transparency and the Value of the Ticker," Working Papers 628, Queen Mary University of London, School of Economics and Finance.
- Thierry Foucault & Giovanni Cespa, 2011. "Insiders-Outsiders, Transparency and the Value of the Ticker," Working Papers hal-00580153, HAL.
- Viral V. Acharya & Alberto Bisin, 2005.
"Optimal Financial-Market Integration and Security Design,"
The Journal of Business, University of Chicago Press, vol. 78(6), pages 2397-2434, November.
- Bisin, Alberto & Acharya, Viral, 2003. "Optimal Financial Market Integration and Security Design," CEPR Discussion Papers 3852, C.E.P.R. Discussion Papers.
- Mark Grinblatt & Bhagwan Chowdhry & David Levine, 2002. "Information Aggregation, Security Design, and Currency Swaps," Yale School of Management Working Papers ysm38, Yale School of Management.
- Bhagwan Chowdhry & Mark Grinblatt & David Levine, 2002.
"Information Aggregation, Security Design, and Currency Swaps,"
Journal of Political Economy, University of Chicago Press, vol. 110(3), pages 609-633, June.
- Bhagwan Chowdhry & Mark Grinblatt & David Levine, 2002. "Information Aggregation, Security Design and Currency Swaps," NBER Working Papers 8746, National Bureau of Economic Research, Inc.
- Mark Grinblatt & Bhagwan Chowdhry & David Levine, 2002. "Information Aggregation, Security Design, and Currency Swaps," Yale School of Management Working Papers ysm38, Yale School of Management.
- James Dow & Itay Goldstein & Alexander Guembel, 2017.
"Incentives for Information Production in Markets where Prices Affect Real Investment,"
Journal of the European Economic Association, European Economic Association, vol. 15(4), pages 877-909.
- Itay Goldstein & Alexander Guembel & James Dow, 2008. "Incentives for Information Production in Markets where Prices Affect Real Investment," 2008 Meeting Papers 270, Society for Economic Dynamics.
- James Dow & Itay Goldstein & Alexander Guembel, 2017. "Incentives for Information Production in Markets where Prices Affect Real Investment," Post-Print halshs-01698541, HAL.
- Muendler, Marc-Andreas, 2007. "The possibility of informationally efficient markets," Journal of Economic Theory, Elsevier, vol. 133(1), pages 467-483, March.
- Sujoy Mukerji & Jean-Marc Tallon, 2001.
"Ambiguity Aversion and Incompleteness of Financial Markets,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 68(4), pages 883-904.
- Mukerji, S. & Tallon, J.-M., 1999. "Ambiguity Aversion and Incompleteness of Financial Markets," Papiers d'Economie Mathématique et Applications 1999-28, Université Panthéon-Sorbonne (Paris 1).
- Sujoy Mukerji & Jean-Marc Tallon, 2001. "Ambiguity Aversion and Incompleteness of Financial Markets," Post-Print halshs-00174539, HAL.
- Sujoy Mukerji & Jean-Marc Tallon & Université Paris I Panthéon-Sorbonne, 2000. "Ambiguity Aversion and Incompleteness of Financial Markets," Economics Series Working Papers 46, University of Oxford, Department of Economics.
- Sujoy Mukerji & Jean-Marc Tallon, 2001. "Ambiguity Aversion and Incompleteness of Financial Markets," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00174539, HAL.
- Gao, Pingyang, 2008. "Disclosure Quality, Cost of Capital, and Investors’ Welfare," MPRA Paper 9478, University Library of Munich, Germany, revised Jun 2008.
- Alan D. Morrison, 2004. "Competition and Information Production in Market Maker Models," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 31(7-8), pages 1171-1190.
- Arnold, Lutz G. & Zelzner, Sebastian, 2022. "Financial trading versus entrepreneurship: Competition for talent and negative feedback effects," The Quarterly Review of Economics and Finance, Elsevier, vol. 86(C), pages 186-199.
- Rohit Rahi & Jean-Pierre Zigrand, 2009.
"Strategic Financial Innovation in Segmented Markets,"
The Review of Financial Studies, Society for Financial Studies, vol. 22(8), pages 2941-2971, August.
- Rahi, Rohit & Zigrand, Jean-Pierre, 2004. "Strategic financial innovation in segmented markets," LSE Research Online Documents on Economics 24785, London School of Economics and Political Science, LSE Library.
- Jean-Pierre Zigrand & Rohit Rahi, 2007. "Strategic Financial Innovation in Segmented Markets," FMG Discussion Papers dp595, Financial Markets Group.
- Rahi, Rohit & Zigrand, Jean-Pierre, 2007. "Strategic financial innovation in segmented markets," LSE Research Online Documents on Economics 24503, London School of Economics and Political Science, LSE Library.
- Rahi, Rohit & Zigrand, Jean-Pierre, 2004. "Strategic Financial Innovation in Segmented Markets," CEPR Discussion Papers 4176, C.E.P.R. Discussion Papers.
- Jean-Pierre Zigrand & Rohit Rahi, 2004. "Strategic Financial Innovation in Segmented Markets," FMG Discussion Papers dp520, Financial Markets Group.
- Juan Hatchondo, 2004.
"The value of information with heterogeneous agents and partially revealing prices,"
Econometric Society 2004 North American Summer Meetings
175, Econometric Society.
- Juan Carlos Hatchondo, 2005. "The value of information with heterogeneous agents and partially revealing prices," Working Paper 05-06, Federal Reserve Bank of Richmond.
- Dimitri Vayanos & Jiang Wang, 2012.
"Liquidity and Asset Returns Under Asymmetric Information and Imperfect Competition,"
The Review of Financial Studies, Society for Financial Studies, vol. 25(5), pages 1339-1365.
- Vayanos, Dimitri & Wang, Jiang, 2012. "Liquidity and asset returns under asymmetric information and imperfect competition," LSE Research Online Documents on Economics 119045, London School of Economics and Political Science, LSE Library.
- Dimitri Vayanos & Jiang Wang, 2012. "Liquidity and Asset Returns under Asymmetric Information and Imperfect Competition," FMG Discussion Papers dp708, Financial Markets Group.
- Rahi, Rohit & Zigrand, Jean-Pierre, 2018.
"Information acquisition, price informativeness, and welfare,"
Journal of Economic Theory, Elsevier, vol. 177(C), pages 558-593.
- Rahi, Rohit & Zigrand, Jean-Pierre, 2018. "Information acquisition, price informativeness, and welfare," LSE Research Online Documents on Economics 89385, London School of Economics and Political Science, LSE Library.
- Bisin, Alberto, 1998. "General Equilibrium with Endogenously Incomplete Financial Markets," Journal of Economic Theory, Elsevier, vol. 82(1), pages 19-45, September.
- Chowdhry, Bhagwan & Grinblatt, Mark, 1997.
"Information Aggregation, Currency Swaps, and the Design of Derivative Securities,"
University of California at Los Angeles, Anderson Graduate School of Management
qt0js61067, Anderson Graduate School of Management, UCLA.
- Bhagwan Chowdhry & Mark Grinblatt & David K Levine, 2001. "Information Aggregation, Currency Swaps, and the Design of Derivative Securities," Levine's Working Paper Archive 2106, David K. Levine.
- Marta Faias, 2004. "General equilibrium and endogenous creation of asset markets," Nova SBE Working Paper Series wp454, Universidade Nova de Lisboa, Nova School of Business and Economics.
More about this item
Keywords
information revelation; sunspots; security design; futures contract; trading volume;All these keywords.
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:119175. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.